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What currency is gold quoted in?

Gold is usually quoted by the ounce in U.S. Dollars. The gold price can, however, be quoted in any currency by the ounce, gram or kilo. The price of gold is constantly on the move and can be affected by many different factors. Is the Gold Price the Same as the Spot Price?

Where can I find information on the gold price?

You can access information on the Gold price in British Pounds (GBP), Euros (EUR) and US Dollars (USD) in a wide variety of time frames from live prices to all time history. The default representation of Gold price is usually in Troy Ounces, but above we give the option to show Grams and Kilograms as well.

What is spot gold?

The spot gold price refers to the price of gold for immediate delivery. Transactions for bullion coins are almost always priced using the spot price as a basis.

Why is gold a lower value than a dollar?

Traditionally, currencies that are stronger than the U.S. dollar have a lower value gold, price where currencies that are lower than the U.S. dollar have a higher prices. While gold is mostly quoted in ounces per U.S. dollar, OTC markets in other countries also offer other weight options.

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